Its top priority will be to commission the offshore Salman Khuff gas project in the next few weeks and complete a second pipeline to Bandar Assaluyeh to give Iran the option of either exporting Salman gas to the United Arab Emirates or import it for domestic use, Mostafa Khoee, managing director of the group’s Dana Oil unit told Upstream.
The $110 million purchase of Pedco, for which a cash payment of $25 million had been made in mid-2009 before the Iran Privatisation Organisation announced it was reviewing its decision because of protests by Pedco managing director Ali Beheshtian and others, was ratified by President Mahmoud Ahmadinejad last week.
The
